US economic growth seems to be back on track after reports of 3.2% growth in the last three months of 2010.
The figure represents a 2.6% from the previous quarter, although it was weaker than.the predicted rate of 3.5%.
And the annual rate for consumer spending was up by 4.4% - the fastest rise for over four years.
The figures meant the US economy is making a better recovery from the recession than the UK.
Paul Ashworth, Chief US Economist at Capital Economics, said: ‘With the new payroll tax reduction kicking in on January 1st, we expect first-quarter GDP growth to be equally as strong, drive again by a good showing from consumption.
‘Nevertheless we also anticipate a slowdown in GDP growth later in 2011, as the stimulus begins to fade.’